ZIP Code Market Report
45238 — Cincinnati, OH
Data through February 2026 · Updated monthly
Avg Home Value
$216,405
▲ 1.0% year-over-year
Month-over-Month
-0.5%
▼ 0.5%
Single Family
$217,303
Condo / Co-op
$157,669
The average home value in the 45238 ZIP code (Cincinnati, OHIO) is $216,405 as of February 2026. Home prices are rising, up 1.0% compared to last year.
A 3-bedroom home in 45238 is valued at $215,967. 1-bedroom units start around $123,264. Single-family homes average $217,303, while condos average $157,669.
The market in 45238 has a $118,203 spread between bottom-tier homes at $167,581 and top-tier homes at $285,785. Bottom-tier properties represent the primary opportunity range for real estate investors using the 70% rule, fix-and-flip, or BRRRR strategies.
Looking ahead, Zillow's forecast model projects home values in the 45238 ZIP code will increase 0.7% over the next 12 months, bringing the projected average to approximately $217,920. This modest projected change should be factored into any investment analysis for properties in this area.
This report is part of the Hamilton County market area in OHIO. For a broader view of the housing market including rent data, market activity, and affordability analysis, see the full Hamilton County report.
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Market Snapshot
45238 Housing Market at a Glance
Key metrics for the last 3 months with trend direction.
| Metric | Dec 2025 | Jan 2026 | Feb 2026 | 3-Mo Change |
|---|---|---|---|---|
| Avg Home Value | $218,881 | $217,500 | $216,405 | ▼ 1.1% |
| Single Family Value | $215,831 | $216,437 | $217,303 | ▲ 0.7% |
Home Values
45238 Home Value Trend
Historical home values for ZIP code 45238. Switch between All Homes, Single Family, Bottom Tier, and Top Tier.
Source: Zillow Research ZHVI / ZORI · Updated monthly
By Bedroom
What Homes Cost in 45238
Median home values by bedroom count in this ZIP code.
| Bedrooms | Median Value |
|---|---|
| 1 Bedroom | $123,264 |
| 2 Bedrooms | $165,554 |
| 3 Bedrooms | $215,967 |
| 4 Bedrooms | $257,913 |
Property Types
Home Values by Property Type in 45238
How different property types compare in this ZIP code.
All Homes
$216,405
Single Family
$217,303
Condo / Co-op
$157,669
Bottom Tier
$167,581
Top Tier
$285,785
Forecast
12-Month Home Value Forecast for 45238
Zillow projects home values in 45238 will increase 0.7% over the next year, reaching approximately $217,920.
Current Value
$216,405
Projected Change
+0.7%
▲ 0.7%
Projected Value
$217,920
Source: Zillow Home Value Forecast (ZHVF). Forecasts are not guarantees.
Data Sources and Methodology
Home value data for ZIP code 45238 comes from the Zillow Home Value Index (ZHVI), updated monthly. ZHVI measures the typical home value using Zillow's automated valuation model, smoothed and seasonally adjusted.
This report was last updated February 2026. Data is refreshed on the 17th of each month.
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